Twin Focus Capital Partners, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 13, 2025), Twin Focus Capital Partners, LLC reported 141 stock positions worth $676.6 million. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 11.1% of the portfolio, followed by iShares Core MSCI Eafe ETF (IEFA, 10.3%) and iShares Gold Trust (IAU, 6.6%). Compared with Q3 2024, it opened 6 new positions, sold out of 15, added to 35 and reduced 48. The biggest buy was iShares Core S&P Total U.S. (ITOT, shares +243%) and the biggest sale Dell Technologies -C (DELL, shares −14%).

Most Recent 13F
Q2 2026
Location
Boston, MA
CIK
0001387761
Portfolio Value
$676.6M (Q4 2024)
SEC Filing
0001172661-25-000846 ↗ filed Feb 13, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M$1.0B Q1 2024: $525.3M Q1 2024 Q2 2024: $626.1M Q2 2024 Q3 2024: $634.0M Q3 2024 Q4 2024: $676.6M $676.6M Q4 2024 Q1 2025: $643.8M Q1 2025 Q2 2025: $714.2M Q2 2025 Q3 2025: $786.9M Q3 2025 Q4 2025: $867.7M Q4 2025 Q1 2026: $870.1M Q1 2026 Q2 2026: $982.7M Q2 2026

Holdings 141 stocks · $676.6M
VTI VG Morningstar TS MKT ETF-US 11.10% 259,183 $75.1M Add +17.7%
IEFA iShares Core MSCI Eafe ETF 10.26% 987,613 $69.4M Add +5.2%
IAU iShares Gold Trust 6.57% 898,038 $44.5M Add +14.1%
DELL Dell Technologies -C 3.85% 226,000 $26.0M Reduce -14.4%
SPYG SS SPDR P S&P 500 Growth ETF 3.13% 240,593 $21.1M Add +7.6%
ITOT iShares Core S&P Total U.S. 2.87% 150,863 $19.4M Add +242.8%
GLD SPDR Gold Shares 2.73% 76,355 $18.5M Reduce -12.4%
VTIP Vanguard Short-Term Tips 2.64% 368,642 $17.8M Reduce -3.7%
VOO Vanguard S&P 500 ETF 2.57% 32,233 $17.4M Add +26.5%
IWB iShares Russell 1000 ETF 2.54% 53,284 $17.2M Reduce -1.2%
AAPL Apple Inc. 2.25% 60,755 $15.2M Reduce -1.7%
SPY SS SPDR S&P 500 ETF Trust-US 1.97% 22,800 $13.4M Reduce -3.6%
IVW iShares S&P 500 Growth ETF 1.97% 131,426 $13.3M Add +5.0%
JAAA Janus Henderson Aaa Clo ETF 1.89% 252,004 $12.8M New
TIP iShares Tips Bond ETF 1.73% 109,986 $11.7M Add +5.8%
AGG iShares Core U.S. Aggregate 1.66% 115,701 $11.2M Add +6.3%
IWF iShares Russell 1000 Growth 1.61% 27,209 $10.9M Reduce -1.6%
IWS iShares Russell Mid-Cap Valu 1.39% 72,882 $9.4M Add +0.5%
VWO Vanguard Ftse Emerging Marke 1.36% 209,629 $9.2M Reduce -0.0%
ESGV Vanguard ESG US Stock ETF 1.28% 82,527 $8.7M Add +951.6%
VIG Vanguard Dividend Apprec ETF 1.25% 43,123 $8.4M Add +0.6%
IEMG iShares Core MSCI Emerging 1.19% 153,584 $8.0M Reduce -13.0%
XLV SS Health Care Select Sector 1.18% 57,891 $8.0M Reduce -20.5%
XLU St Sr Utl SL SE SPDR ETF-Usd 1.10% 98,565 $7.5M Add +6.4%
VUG Vanguard Mrngstar GR ETF-Sui 1.10% 18,059 $7.4M Add +5.5%
CGEM Cullinan Therapeutics Inc. 1.07% 595,489 $7.3M No change
VEU Vanguard Ftse All-World Ex-U 0.93% 109,869 $6.3M No change
VEA Vanguard Ftse Developed ETF 0.90% 126,724 $6.1M Reduce -2.5%
NVDA Nvidia Corp. 0.88% 44,410 $6.0M Add +701.6%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.88% 36,675 $5.9M Add +11.6%
XOP SS SPDR S&P Og Exp & Prod 0.87% 44,283 $5.9M Reduce -20.2%
IJH iShares Core S&P Midcap ETF 0.87% 93,983 $5.9M Reduce -2.6%
XLK SS Technology Select Sector 0.86% 24,960 $5.8M Add +0.7%
IVV iShares Core S&P 500 ETF 0.84% 9,600 $5.7M Reduce -8.0%
IWM iShares Russell 2000 ETF 0.83% 25,333 $5.6M Reduce -3.6%
IWR iShares Russell Mid-Cap ETF 0.79% 60,528 $5.4M Add +0.2%
VSS Vanguard Ftse All Wo X-US SC 0.76% 44,756 $5.1M Reduce -1.8%
VT Vanguard Tot World STK ETF 0.74% 42,381 $5.0M Add +6.8%
COPX Global X Copper Miners ETF 0.61% 108,715 $4.2M Reduce -19.3%
IWV iShares Russell 3000 ETF 0.61% 12,395 $4.1M Reduce -1.1%
VHT Vanguard Health Care ETF 0.60% 16,075 $4.1M Reduce -6.4%
EEM iShares MSCI Emerging Market 0.58% 93,869 $3.9M Add +307.4%
VDE Vanguard Energy ETF 0.58% 32,210 $3.9M Add +7.1%
VXUS Vanguard Total Intl Stock 0.51% 58,692 $3.5M New
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.51% 12,760 $3.4M Add +1.5%
ILCG iShares Morningstar Growth E 0.46% 34,875 $3.1M Reduce -3.0%
VXF Vanguard Extended Market ETF 0.46% 16,377 $3.1M Add +3.4%
IWD iShares Russell 1000 Value E 0.44% 15,943 $3.0M Reduce -13.2%
SDY SS SPDR S&P Dividend ETF 0.43% 22,280 $2.9M No change
TLT iShares 20+ Year Treasury BD 0.43% 33,681 $2.9M New
VSGX Vanguard ESG Intl Stock ETF 0.43% 51,051 $2.9M Add +474.4%
MSFT Microsoft Corp. 0.41% 6,652 $2.8M Reduce -2.1%
ICE Intercontinental Exchange Inc. 0.40% 18,005 $2.7M Reduce -0.8%
XBI SS SPDR S&P Biotech ETF 0.35% 26,480 $2.4M No change
XLP SS Consumer Staples Sel Sect 0.35% 29,807 $2.3M Reduce -7.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.33% 13,302 $2.3M Add +0.0%
GOOGL Alphabet Inc. Class A 0.31% 11,155 $2.1M Reduce -7.5%
AVGO Broadcom Inc. 0.31% 9,050 $2.1M Reduce -33.1%
SOXX iShares Semiconductor ETF 0.30% 9,385 $2.0M Add +1.1%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC 0.30% 17,800 $2.0M No change
BLK BlackRock Inc. 0.28% 1,850 $1.9M No change
COMT iShares Gsci Commodity Dynam 0.27% 73,380 $1.9M No change
IJR iShares Core S&P Small-Cap E 0.26% 15,080 $1.7M Reduce -3.2%
SCZ iShares MSCI Eafe Small-Cap 0.23% 25,405 $1.5M Reduce -42.0%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.23% 7,000 $1.5M No change
IEV iShares Europe ETF 0.22% 28,112 $1.5M Add +0.7%
IBB iShares Biotechnology ETF 0.21% 10,847 $1.4M Reduce -11.4%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.20% 5,206 $1.4M Reduce -36.1%
GXC State Street SPDR S&P China 0.20% 18,111 $1.4M No change
VCSH Vanguard S/T Corp. Bond ETF 0.20% 17,299 $1.3M No change
GE General Electric filed as GE AEROSPACE 0.20% 8,077 $1.3M No change
VOXR Vox Royalty Corp. 0.19% 558,988 $1.3M No change
CEF Sprott Physical Gold and Sil 0.19% 53,845 $1.3M No change
ESGE iShares Inc. iShares ESG Awar 0.18% 37,003 $1.2M Reduce -15.0%
SPYV SS SPDR P S&P 500 Value ETF 0.17% 23,111 $1.2M Add +0.0%
AIQ Global X Art Intel & Tech 0.15% 26,865 $1.0M No change
GLP Global Partners LP 0.15% 22,000 $1.0M No change
XOM Exxon Mobil Corp. 0.15% 9,227 $993K Reduce -3.2%
JPM JPMorgan Chase & Co. 0.15% 4,122 $988K Reduce -7.4%
NBBK NB Bancorp Inc. 0.14% 51,164 $924K No change
GDX Vaneck Gold Miners ETF 0.13% 26,067 $884K Add +4.0%
STEW SRH Total Return Fund Inc. 0.13% 55,019 $881K No change
GOOG Alphabet Inc. Class C 0.13% 4,515 $860K No change
RTX RTX Corp. 0.12% 7,175 $830K Reduce -6.5%
GEV GE Vernova Inc. 0.12% 2,518 $828K No change
ADX Adams Diversified Equity 0.12% 40,205 $812K No change
IEI iShares 3-7 Year Treasury Bo 0.12% 6,946 $803K Add +117.1%
VB Vanguard Most SM-Cap ETF-Usd 0.11% 3,036 $730K Reduce -45.9%
TBF Proshares Short 20+ Treasury 0.11% 29,200 $719K No change
VNQ Vanguard Real Estate ETF 0.11% 8,016 $714K New
MCK McKesson Corp. 0.10% 1,200 $684K No change
UBER Uber Technologies Inc. 0.10% 11,208 $676K No change
SPMD SS SPDR P S&P 400 Midcap ETF 0.10% 12,200 $667K Reduce -15.3%
MLPA Global X MLP ETF 0.10% 13,384 $661K No change
EWX State Street SPDR S&P Emergi 0.10% 11,000 $645K No change
RMT Royce Micro-Cap Trust Inc. 0.09% 62,161 $606K No change
GLW Corning Inc. 0.08% 12,000 $570K No change
GSY Invesco Ultra Short Duration 0.08% 10,980 $550K No change
FMDE Fidelity Enhanced Mid Cap Co. 0.08% 16,546 $544K No change
WIW Western Asst Infl-LNK Opp 0.07% 60,163 $498K Add +0.8%
VNM Vaneck Vietnam ETF 0.07% 42,721 $490K No change
PG The Procter & Gamble Co. 0.07% 2,851 $478K Reduce -4.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.07% 10,534 $463K Reduce -14.2%
T AT&T Inc. 0.06% 17,535 $399K No change
FIS Fidelity National Info Serv 0.06% 4,869 $393K Reduce -1.9%
NEW AMERICA HIGH INCOME FUND 0.06% 48,059 $393K No change
C Citigroup Inc. 0.06% 5,508 $388K No change
DKNG Draftkings Inc. Class A 0.06% 10,039 $373K No change
TY Tri-Continental Corp. 0.05% 11,611 $368K Add +5.5%
SPXE Proshares S&P 500 Ex-Energy 0.05% 5,800 $367K No change
TGNA Tegna Inc. 0.05% 20,054 $367K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.05% 1,850 $367K No change
EAGG iShares ESG Aware US Aggrega 0.05% 7,720 $359K Reduce -10.1%
VYM Vanguard High DVD Yield ETF 0.05% 2,781 $355K No change
GEHC GE Healthcare Technology 0.05% 4,525 $354K No change
DGRW Wisdomtree U.S. Quality Divi 0.05% 4,320 $350K No change
KD Kyndryl Holdings Inc. 0.05% 10,000 $346K Reduce -16.7%
VZ Verizon Communications Inc. 0.05% 8,266 $331K Add +4.6%
LLY Eli Lilly & Co. 0.05% 418 $323K Reduce -26.4%
WMT Walmart Inc. 0.05% 3,523 $318K No change
PMO Franklin Muncipl Opps Tst-Ui 0.05% 31,294 $317K No change
BRK.B Berkshire Hathaway Inc. Class B 0.05% 679 $308K Reduce -6.9%
XES SS SPDR S&P Og Eqp & Serv 0.04% 3,750 $296K Reduce -18.4%
VIGI Vanguard Int Div App Indx FD 0.04% 3,650 $292K No change
WFC Wells Fargo & Co. 0.04% 4,047 $284K No change
BNDX Vanguard Total Intl Bond ETF 0.04% 5,611 $275K Add +1.6%
MRSH Marsh & McLennan Cos 0.04% 1,253 $266K No change
PLTM Graniteshares Platinum Trust 0.04% 30,000 $264K Add +15.4%
MU Micron Technology Inc. 0.04% 3,000 $252K Reduce -1.3%
PYPL PayPal Holdings Inc. 0.04% 2,925 $250K Reduce -2.4%
TFI SS SPDR N Ice Muni Bond ETF 0.04% 5,417 $247K No change
AMT American Tower Corp. 0.03% 1,285 $236K Reduce -7.9%
TEAM Atlassian Corp. Class A 0.03% 955 $232K New
ASA ASA Gold and Precious Metals 0.03% 11,300 $228K No change
JEF Jefferies Financial Group Inc. 0.03% 2,835 $222K New
KRE SS SPDR S&P Regional Bank 0.03% 3,600 $217K No change
RNAC Cartesian Therapeutics Inc. 0.03% 12,000 $215K No change
PMM Franklin Managed Municipal I 0.02% 23,993 $143K No change
HERZ Herzfeld Credit Income Fund 0.02% 59,527 $139K Reduce -7.1%
XJEQX Abrdn Japan Equity Fund Inc. 0.02% 18,147 $104K No change
IHD Voya Emrg MRKT Hi DVD Eqty 0.01% 12,000 $60K No change

Portfolio Sells Q3 2024 → Q4 2024
DELL Dell Technologies -C Reduce -14.4% 3.85% −1.09
GLD SPDR Gold Shares Reduce -12.4% 2.73% −0.61
XLV SS Health Care Select Sector Reduce -20.5% 1.18% −0.59
IEMG iShares Core MSCI Emerging Reduce -13.0% 1.19% −0.41
COPX Global X Copper Miners ETF Reduce -19.3% 0.61% −0.39
VTIP Vanguard Short-Term Tips Reduce -3.7% 2.64% −0.34
XOP SS SPDR S&P Og Exp & Prod Reduce -20.2% 0.87% −0.28
SCZ iShares MSCI Eafe Small-Cap Reduce -42.0% 0.23% −0.24
VWO Vanguard Ftse Emerging Marke Reduce -0.0% 1.36% −0.22
VEA Vanguard Ftse Developed ETF Reduce -2.5% 0.90% −0.19
SPY SS SPDR S&P 500 ETF Trust-US Reduce -3.6% 1.97% −0.17
VHT Vanguard Health Care ETF Reduce -6.4% 0.60% −0.16
VSS Vanguard Ftse All Wo X-US SC Reduce -1.8% 0.76% −0.15
IWB iShares Russell 1000 ETF Reduce -1.2% 2.54% −0.14
VO Vngrd Mrngstr MD-Cap ETF-Usd Reduce -36.1% 0.20% −0.14
IWD iShares Russell 1000 Value E Reduce -13.2% 0.44% −0.11
IVV iShares Core S&P 500 ETF Reduce -8.0% 0.84% −0.11
VB Vanguard Most SM-Cap ETF-Usd Reduce -45.9% 0.11% −0.10
CART Maplebear Inc. Sold out 0.00% −0.10
IWM iShares Russell 2000 ETF Reduce -3.6% 0.83% −0.09
CRWD CrowdStrike Holdings Inc. Class A Sold out 0.00% −0.09
IJH iShares Core S&P Midcap ETF Reduce -2.6% 0.87% −0.08
XLP SS Consumer Staples Sel Sect Reduce -7.9% 0.35% −0.08
PEO Adams Natural Resources Fund Sold out 0.00% −0.08
AMZN Amazon.com Inc. Sold out 0.00% −0.07
IBB iShares Biotechnology ETF Reduce -11.4% 0.21% −0.07
ESGE iShares Inc. iShares ESG Awar Reduce -15.0% 0.18% −0.07
ICE Intercontinental Exchange Inc. Reduce -0.8% 0.40% −0.06
AVGO Broadcom Inc. Reduce -33.1% 0.31% −0.06
MSFT Microsoft Corp. Reduce -2.1% 0.41% −0.05
ABBV Abbvie Inc. Sold out 0.00% −0.04
VGK Vanguard Ftse Europe ETF Sold out 0.00% −0.04
META Meta Platforms Inc. Class A Sold out 0.00% −0.04
UNH Unitedhealth Group Inc. Sold out 0.00% −0.04
IDXX Idexx Laboratories Inc. Sold out 0.00% −0.04
MGNI Magnite Inc. Sold out 0.00% −0.03
IWV iShares Russell 3000 ETF Reduce -1.1% 0.61% −0.03
ETG Eaton Vance T/A GL DVD Incm Sold out 0.00% −0.03
IQLT iShares MSCI International Q Sold out 0.00% −0.03
EFV iShares MSCI Eafe Value ETF Sold out 0.00% −0.03
LLY Eli Lilly & Co. Reduce -26.4% 0.05% −0.03
IJR iShares Core S&P Small-Cap E Reduce -3.2% 0.26% −0.03
XOM Exxon Mobil Corp. Reduce -3.2% 0.15% −0.03
ECF Ellsworth Growth and Income Sold out 0.00% −0.03
SPMD SS SPDR P S&P 400 Midcap ETF Reduce -15.3% 0.10% −0.03
RTX RTX Corp. Reduce -6.5% 0.12% −0.02
AAPL Apple Inc. Reduce -1.7% 2.25% −0.02
IWF iShares Russell 1000 Growth Reduce -1.6% 1.61% −0.02
AMT American Tower Corp. Reduce -7.9% 0.03% −0.02
XES SS SPDR S&P Og Eqp & Serv Reduce -18.4% 0.04% −0.01

Portfolio Buys Q3 2024 → Q4 2024
ITOT iShares Core S&P Total U.S. Add +242.8% 2.87% +2.00
JAAA Janus Henderson Aaa Clo ETF New 1.89% +1.89
VTI VG Morningstar TS MKT ETF-US Add +17.7% 11.10% +1.26
ESGV Vanguard ESG US Stock ETF Add +951.6% 1.28% +1.15
NVDA Nvidia Corp. Add +701.6% 0.88% +0.78
VXUS Vanguard Total Intl Stock New 0.51% +0.51
VOO Vanguard S&P 500 ETF Add +26.5% 2.57% +0.45
TLT iShares 20+ Year Treasury BD New 0.43% +0.43
EEM iShares MSCI Emerging Market Add +307.4% 0.58% +0.41
IAU iShares Gold Trust Add +14.1% 6.57% +0.40
VSGX Vanguard ESG Intl Stock ETF Add +474.4% 0.43% +0.34
SPYG SS SPDR P S&P 500 Growth ETF Add +7.6% 3.13% +0.20
VNQ Vanguard Real Estate ETF New 0.11% +0.11
IVW iShares S&P 500 Growth ETF Add +5.0% 1.97% +0.08
VUG Vanguard Mrngstar GR ETF-Sui Add +5.5% 1.10% +0.06
IEI iShares 3-7 Year Treasury Bo Add +117.1% 0.12% +0.06
TEAM Atlassian Corp. Class A New 0.03% +0.03
JEF Jefferies Financial Group Inc. New 0.03% +0.03
VOE Vngrd Mrngstr MD-Cap Val ETF Add +11.6% 0.88% +0.01
VXF Vanguard Extended Market ETF Add +3.4% 0.46% +0.01
PLTM Graniteshares Platinum Trust Add +15.4% 0.04% 0.00
TY Tri-Continental Corp. Add +5.5% 0.05% −0.00
BNDX Vanguard Total Intl Bond ETF Add +1.6% 0.04% −0.00
VDE Vanguard Energy ETF Add +7.1% 0.58% −0.00
VZ Verizon Communications Inc. Add +4.6% 0.05% −0.01
WIW Western Asst Infl-LNK Opp Add +0.8% 0.07% −0.01
VT Vanguard Tot World STK ETF Add +6.8% 0.74% −0.01
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +1.5% 0.51% −0.01
SPYV SS SPDR P S&P 500 Value ETF Add +0.0% 0.17% −0.02
XLK SS Technology Select Sector Add +0.7% 0.86% −0.02
GDX Vaneck Gold Miners ETF Add +4.0% 0.13% −0.03
VTV Vanguard Mrngstr Val ETF-Aui Add +0.0% 0.33% −0.03
SOXX iShares Semiconductor ETF Add +1.1% 0.30% −0.04
IEV iShares Europe ETF Add +0.7% 0.22% −0.04
IWR iShares Russell Mid-Cap ETF Add +0.2% 0.79% −0.05
XLU St Sr Utl SL SE SPDR ETF-Usd Add +6.4% 1.10% −0.08
TIP iShares Tips Bond ETF Add +5.8% 1.73% −0.08
AGG iShares Core U.S. Aggregate Add +6.3% 1.66% −0.08
VIG Vanguard Dividend Apprec ETF Add +0.6% 1.25% −0.09
IWS iShares Russell Mid-Cap Valu Add +0.5% 1.39% −0.12
IEFA iShares Core MSCI Eafe ETF Add +5.2% 10.26% −1.30

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 170$982.7MIEFA, IAU, VTI, DELL, SPY
Q1 2026 172$870.1MIAU, IEFA, VTI, DELL, SPY
Q4 2025 180$867.7MIEFA, IAU, VTI, DELL, GLD
Q3 2025 188$786.9MIEFA, VTI, IAU, DELL, GLD
Q2 2025 167$714.2MIEFA, VTI, IAU, DELL, SPYG
Q1 2025 154$643.8MIEFA, VTI, IAU, GLD, DELL
Q4 2024 141$676.6MVTI, IEFA, IAU, DELL, SPYG
Q3 2024 150$634.0MIEFA, VTI, IAU, DELL, GLD
Q2 2024 134$626.1MVTI, IEFA, PTC, DELL, IAU
Q1 2024 143$525.3MVTI, IEFA, DELL, IAU, VTIP